and here's what's "money"tonight.californiagasprices shatter a record, soaring as high as $5.65 a gallon, even creating a free-for-all for gas thieves. all thanks to government regulation. how much worse can it get? >> while iran is still trying to control its currency crisis its offshore oil platforms are reportedly under cyberattack. is the regime running out of time? >>> are electric cars actually bad for the environment? specifically, twice as bad as traditional cars? a shocking new study says they may not be so green after all. even when they say it's not, it is always about money melissa: let's take a look at the day's market headlines. investors staying cautious before tomorrow's earnings season kickoff with alcoa. summit between eu finance ministers brought modest declines to stocks. stocks closed down 26 points. shares of apple fell more than 2%. there are report that is a weekend strike broke out at a foxconn factory in china, a major a sembler in china. foxconn is denying the report. they have had major problems. >>> netflix shares surged more than 10% on the news

incalifornia, $0.20overnight in one town. could it happen near you? despite highs in the market not seen since before the recession, people are still leaving stocks behind. why the mass exodus? answers next. ♪ yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to keep looking over here. probably a good idea. ken: what's a good idea? nothing. with coverage checker, it's easy to find your perfect policy. visit progressive.com today. ♪ gerri: well, despite the rise in stock markets, small investors are pulling their money at stocks. since march a 2009 u.s. stock mutual funds have had net withdrawals of $200 billion while bond funds have seen an inflow of a trillion. the percentage of american families to own stocks now or stock funds dropping to 46% in 2011 from 53% a decade prior, so where exactly are investors putting their money and should you fo

. lori: i am lori rothman. prices of gasolineincaliforniaaresoaring. hitting $4.66 a gallon. many stations going over five dollars for regular. it is costing drivers so much. cheryl: fracking and wyoming. could travel spell trouble for the entire industry? lori: customers could finally be getting back some of the millions that went missing. the company imploded after a massive fraud. those peregrine accounts and ceo will join us. melissa: let's head to the new york stock exchange. our very own local nicole petallides is standing by. nicole: it is a holiday. the dow is down 22 points. the s&p and nasdaq are both down. tech is heavily weighted to the downside. we are also taking a look at walmart. it hit an all-time high today. this on their agreement with american express to offer customers an alternative to their own charge cards and debit cards. they have come up with their own plan called the bluebird. another alternative for walmart customers. the big picture is last week we gained after two weeks of selling. we are just giving a little bit back now. back to you. lori: we canno

, what does his voice sound like? gerri: so muchfun.californiaonthe verge of financial ruin will offer up private pension plan. by the state cannot get its act together. >> the steadies point* witty will give another 200 -- 29 of a $2,000. >> the doughnut hole with $600 more. the bush tax cuts, 800 million -- billion -dollar. >> 1.7 -- 1.6 trillion dollars of wealth loss. gerri: numbers confusion. joe biden could not get his facts straight. the truth behind his the truth behind his outrageous claims. you see us, at the start o. on the company phone list that's a few names longer. you e us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us ban are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pi

coast. andincalifornia, ameteor shower seen by millions. >>> and a long wait. two brothers hang on to a multimillion-dollar scratcher for six years. talk about patience. >>> good morning. i'm john muller, in for rob nelson. >> i'm paula faris. we begin with the presidential race. as we mentioned, both candidates are speaking at a bipartisan political dinner here in new york. >> but tuesday night's debate is still very much on a lot of people's minds. one of them, apparently, is mitt romney's oldest son, tagg. he told a north carolina radio station, quote, he wanted to take a swing at president obama. >>> 19 days to go. and as abc's tahman bradley reports, the candidates are crafting their messages for women voters. >> reporter: with less than three weeks left until election day, the presidential contenders have intensified their efforts to court undecided women voters. >> my mom was a single mom. >> a single mom who doesn't know whether they'll be able to put food on the table at the end of the week. >> reporter: polls show president obama maintains his advantage among women vot

cutting it even further. connell: to another big story coming outofcalifornia. thecost of a gallon of gasoline skyrocketing in california. continue refinery disruption and low inventory, wholesale prices through the roof. the price of regular gas known $4.48 off of $0.17 from yesterday. there it is on your screen. national average -- by that much just in one day $4.48 a gallon. almost getting buried by politics and unemployment and everything else. that state has been hit hard. dagen: we are still watching for the president and waiting for him to come out. a live look at somewhat lengthy introduction of president obama at that rally in fairfax, va. but he will step up to the podium at any moment and will surely make a comment about the jobs report. what remains to be seen is how does he frame it? good news? is it 1 off? is a monthly anomaly? will not going to that. and job creation. 114 jobs. we will hear what the president has to say coming. stuart: keep it here on fox business. >> two vision for america. connell: president obama just beginning his campaign rally. let's see what h

actually vote against raising their own taxes? what? shockingforcalifornia. we'lltalk to the leader of california as republican party about that. a major japanese company buying sprint, a big deal here in the u.s., but culturally, interesting in japan. we'll talk about that with keith fitzgerald and don peebles, a prominent obama supporter will join us, what does he think the president will do tomorrow to rebound from two bad debates so far? let's hear from you, please. you can e-mail us, you know, varney@foxbusiness.com, here is how you join the company. seven early movers, watch out amazon and google. microsoft said the xbox music will be available for the game consoles starting tomorrow and microsoft is up 20 cents. and what some pharmaceuticals get the fda approval for generic drugs, not much. and we told you earlier, japan's soft bank is buying a majority in sprint, and sprint is up just 4 cents and the stock went up last week, actually when this was suggested. and the consol energy company expects to post, surprise, third quarter losses and down it goes. the publisher ganet sa

was heading from oakland tobakersville,californiawhenthe truck blew through the passing again. passengers tossed around like rag dolls. >> it was ripped out and fell on top of him. i had to lift up the seat and i found him in his car seat. >> smoke. it was just, the train came apart. >> gretchen: train service suspended in the area. we are one day from the presidential debate. mitt romney in denver. it will make the way for the future of the counsel rye. >> these debates are an opportunity for each much us to describe the path way forward for americans. >> i am concerned about having a serious discussion about what to do to keep it growing. >> gretchen: the high-stakes debate on domestic policy kicks off 9:00 p.m. >> steve: the president is holed up with john kerry. he said debate prep and they are making him do his home work bohoo >> brian: he was being sarcastic. but is everyone saying that the debates don't matter . they have talked about each other. and the ones who say even the benghazi hasn't thwarted the bounce president obama has gotten. of course it matters and remember what happ

thecaliforniacoast.>>> and quick getaway. brazen thieves getting creative. an epidemic using horsepower to commit their crimes. >>> good morning, everybody. we begin this wednesday with a presidential race that is just about as close as it can be. the two candidates separated by a mere fraction of a percentage point. >> our new poll comes as president obama and mitt romney blitz the battleground states. and with just 13 days remaining, romney is working to distance himself from another republican's controversial new comments. abc's tahman bradley has the story. >> reporter: the presidential candidates are storming battleground states in a final sprint to election day. the romney campaign, riding a wave of momentum may have hit a bit of a snag, as another republican senate candidate makes a controversial comment about abortion. richard mourdock was asked during a debate in indiana, whether abortion should be allowed in cases of rape or incest. >> i believe that life begins at conception. i think even when life begins in that horrible situation of rape, that it's something that god intend

fundraising blitzincaliforniabutsuccessful. he is expected to take home about 2 million extra to his campaign. he was cheered on by crowds at sfo yesterday. at his events he told bay area supporters to get quote almost obsessive about his re- election. he attended to fundraisers, a private $20,000 a plate dinner for 100 guests and a concert for 6,000 more at bill graham auditorium. the president asked them to help him finish what he started four years. he also roused the crowd with his own big bird jokes. >> finally someone is cracking down on big bird. [ laughter ] >> elmo has been seen in a white suburban. he is driving for the border. [ laughter ] >> governor romney's plan is to let wall street run wild again but he is going to bring the hammer down on sesame street! >> reporter: now, that whole thing started after governor romney promised cuts to unnecessary spending, like grants to pbs. today both governor romney and president obama will head to ohio a key battleground state to campaign. that is where 18 electoral votes are up for grabs. and with the election just a month

. chp says no other vehicles were involved. it's unclear why the driver lost control. >>>acaliforniamanwho recently died overseas has triggered an international health scare. cbs 5 reporter cate caugiran explains it all traces back to a sick bat in the east bay and a deadly disease that hasn't been seen around here for years. >> reporter: it's the county's first death from rains business rabies. >> it's rare. >> reporter: a 34-year-old contra costa county man died from the disease in switzerland in july. once the cdc found out an investigation started. >> four people we identified may have had contact with his saliva or other bodily fluids. three of those did and we offered post-exposure prophylaxis and they received injections. >> reporter: and investigators discovered four months before he died the man came in contact with a mexican bat in southern contra costa county and didn't report it to health officials. >> rabies, the key is if you have been exposed to a wild animal if you are concerned about having saliva contact or being bitten by a wild animal, seek medical attention imm

is finally home after going through l.a. over the weekend tothecaliforniasciencecenter. after that crawl tested buildings, traffic and poles, it didn't dampen the spirits at its welcome ceremony. >> it was really cool. this is my first time seeing it . >> october 30th it will be open to the public but i think everyone's seen it. >>> 5:10 now. the ipad mini rumors are heating up. specs and possible pricing for the device, coming up. >>> plus the peanut butter recall expand. >> and how felix baumgartner cheated death. ,,,,,,,,,,,,,,,,,,,, back to earth. and set a world record in sky diving: "clapping 2secs" 43-year-old felix baumgartnr took off in a hot air ballon yesterday in new mexico. he went up 24- miles for the jump. there was trouble: he went into a potentially catastrophic flat spin... be did regain control. baumgarr is the first man to break te sound barrier. he says the experience was humbling. "(sot) (felix from presser)i never anticipated it to be o tough.. sometimes you have o up really high to understanw small you are." the free-fall took less than minutes. fearless felix re

unwarranted weakness. ginnyincalifornia. >>this is ginnyfromcaliforniacallingfromcaliforniaandmy partner knows it and he is okay with it. >> thank you so much. >> you have put me through financial school and i have followed you since i took over my own accounts in '08 and i would not have been able to do what i've done without you. >> thank you for subscribing to action alerts. how can i help? >> okay. as an action alerts member i have followed you into many stocks. the one i'm calling about today is one i bought when you said we should all have gold. now you don't mention it anymore. am i wrong about staying in iau? >> you are right. this is another proxy of gold. you are in great shape with that. i think that is about to rally. it has been doing nothing for a while. i thank you for watching the show and those kind words. you made my day. jeff in new jersey. >> hi jim. >> jeff? >> i'm with bonds for you. we do a balanced investing strategy. i just sold am at a profit and i'm looking at gold again. what are your thoughts? >> i get the charts delivered to my door. i have no other

before next month's election. the president spending the night insoutherncaliforniainl.a. after an appearance before a roomful of stars last night and he used their performances to make light of his own in last week's debate. here he is. >> they just perform flawlessly night after night, uhm, i can't always say the same. [ laughter ] >> the president was referring to singer's katy perry and jennifer hudson, who took the stage before him. >>> this morning president obama will visit the home of the farm labor leader cesar chavez being made a national monument. the president will arrive then at sfo around 1:40 in afternoon on air force one. he has a private fundraising dinner here in san francisco. then a public concert and rally at the bill graham civic auditorium. the president will spend the night in san francisco before taking off. >>> on the gop side mitt romney will deliver a major foreign policy speech today. necessary virginia. romney is expected to say it's time for america to change course in the middle east and accused president obama of passive leadership around the wor

on the story outincaliforniawherewe have this fuel shortage and prices have popped up above five dollars did some reports you can find six dollars out there in california. does the futures market care about that at all? >> well, it is kind of rearview mirror. it is on its own coast to it does not affect the rest of the country. the problems in california, of course, really have to do not only with the refinery problems, but the switchover from the summertime. those refineries go out a little bit further. the shortage really is of the summertime finds for not build up because of the refinery problems. melissa: phil flynn, always fantastic. thank you. lori: he does a great job. melissa: you cannot stop him. i have tried. lori: american airlines flight continued to be canceled. you have heard the story. more on that after the break. melissa: take a look as we head out to break here. here are metals. gold down about three quarters of a percent. silver moving more than a full percentage point. we will be right back. ♪ hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stag

california? costcotoday said they can't get enough refined product. we have no pipe out there, do we? >> the likelihood of getting pipes in california is very low. >> separate country. all right. president and ceo of enbridge. you want to learn? you want to really understand this industry? they gave you a full day presentation and it is brilliant. thank you al monaco. great to see you, sir. >> thank you. >> i like this stock. >>> coming up, crossfire. there's a shootout on the street over the future of one big name in defense. cramer is going in the trenches and forming a battle plan. stick around. this could be your portfolio's new secret weapon. >>> and later on good behavior. cramer's sell block can be an unforgiving place, but after doing time but stocks can emerge reformed. tonight, one tech security play has paid its debt to society. but is it now a buy? the verdict is just ahead. all coming up on "mad money." new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great

hear it last night or maybe you were outside did you see it? many people acrossnortherncaliforniareportedseeing a flash and hearing a big boom. >> cbs 5 reporter cate caugiran has more on the meteor sighting that's left some souvenirs in one east bay city. good morning, cate. >> reporter: yes, good morning, frank and michelle. this is the kind of thing that makes all of us mad that we had to go to bed so early because i definitely missed it. but i have read a couple of conflicting reports on this and i want to point out that, you know, experts here at the chabot space and science center say it's not part of the meteor shower expected over the weekend but some say it's a preview. it's not over. we have some black and white surveillance footage from san jose's lick observatory. you can see it up close and personal. that white mass slowly moving across the sky. now an astronomy instructor here at the chabot space and science center says a meteor probably hit the earth right around martinez hills about the size of a car before it broke up into a few pieces. we have a picture from a

the gas pricearena.california, dueto refinery problems there are gas price spikes in some individual cities and i say, i mean spikes. look at this, up 10 cents overnight. 4.40. regular is the average there. and san jose up 9 cents at 4.37. san francisco, 9 cents. 4.43. los angeles up 8 cents, this is overnight, by the way, 4.34. and believe it or not, those prices are forecast to go as high as 4.80 by this weekend. refinery problems, up goes the price of gas in california. however, president obama will still win california by at least 10 points, hmm. what we saw in the debate last night was a stronger, more forceful mitt romney. and not just with president obama. he took control of the moderator, jim lehrer, look at this. >> jim, the president began this segment so i think i get the last word so i'm going to take it. >> you're going to get the first word in the next segment. but he gets the first word of that segment and i get-- let me just make that comment. and let me repeat what i said, i'm not in favor of a 5 trillion dollar tax cut. stuart: where was that mitt romney the entire

together. >> i think it also needs lucy and ethel on the sidelines. just to throw in alittlecaliforniainjanuary sounds awfully good to me. >>> so you're watching "the voice." >> this is, again, where they have the sing-offs. we're only going to do two teams today and let you pick. this is team blake, layla versus suzanne that. they are singing "dog days are over" by florence and the machine, but tell me who you like best. ♪ ♪ the dark days are over the dark days are done ♪ ♪ horses are coming so you better run ♪ ♪ run fast for your mother and fast for your father run for your children and your sisters and brothers. leave all your love and longing behind ♪ >> do you pick sara haines or the other girl? >> they are good singers, the first girl has a more distinctive voice. >> that was the one who got selected. sara haines moves on. her name is soouzuzanne that. next one is a great one, this is team christina. this is jocelyn versus sylvia. they are both brunettes and sing a song called "what goes around comes around." >> okay. ♪ 'cause honestly you turned out to be the b

shooting up another 4 centsincalifornia. theyare now the highest in that state history. triple-a putting the statewide average at $4.65. california topping, hawaii, for the highest price in the nation. the rapid price hike following a power outage at a refinery in southern, california last week. it came back online friday. gas prices now expected to stablize. >>> thousands marching in the streets in cities across spain. show are angry at the government's austerity measures. the jobless rate in spain now stands at 25%. trade union leaders calling the marchs a warning to the government. they say tempers are rising and a general strike could happen next month. >>> i'm marianne rafferty. now, back be to fox news reports. for the latest headlines log on to fox news .com. >> since before he took office presidents obama has promised to boost the economy by creating millions of green jobs. taxpayers spent billions but the green economy has yet to rule. so what about the real existing economy? the one that overwhelmingly still depends on pos ill fue-- fossil fuels? >> if one decisions captures fo

month.>>>california's unemploymentrate has fallen to the lowest level in three and a half years, and the bay area is getting credit. last month, the state's jobless rate fell to 10.2%, down from 10.6% in august. in the bay area, there was a net increase of nearly 5,000 jobs, almost all of the growth came from alameda and contra costa counties. >> we saw four sectors in particular gain jobs, education and health services, financial, even leisure and hospitality. >>> well, the political cease fire didn't last too long, after playing nice at a charity event last night. today the candidates were back at it. president obama delivered his harshest speech yet, repeatedly using terms like sketchy, snow job and sales pitch. tonight, mitt romney hit right back. campaign strategists say it's only going to get worse. >> i mean, he's changing up so much, backtracking and sidestepping, we gotta name this condition that he's going through. i think it's called romnesia. >> the president accused romney of switching positions on abortion, tax cuts and energy production. >> and if you come down wi

in that situation and not a loser. let's go to robynincalifornia. >>hi, jim. booyah i read that arising christmas shopping is expected this year. mattel or other kid oriented stocks, whether they rise during the holiday season and what you think they will do this year. >> the toy cohort did not have a good back to school season. mattel would be the one that i like. it has a 3.5% yield. the forecasts about holiday season, they are based on nothing. that is total thumb sucking. whatever anyway, use the calendar to remind you when your anniversary is. not for investing. anyway, wow, try looking at the fundamentals, not your desk calendar. stay with cramer. >> coming up cash crop? the midwest crop sent shares up to 52 week highs. after failed earnings should you be harvesting your gains or doubling down? cramer talks to the ceo next. >> and later, wall street is at war and when the analysts disagree it is your time to make "mad money." cramer is giving you a price check on costco. real estate stocks have been soaring. tonight cramer turns to the technicals to see if they are built to go higher or if

withincalifornia. >>you got that right. look at a live station in north hollywood, a gallon of regular will run you $4.79. higher in some parts of the state. what's fueling the skyrocketing prices and what governor jerry brown is doing about it. >> and president obama is in california this morning, went to a star studded campaign fund-raiser in l.a. last night and poked a little fun at his own debate performance. >>> then we meet the creator of a blog that moks facebook with people that do constant updates. it is popular, but is it too mean spirited. >>> and check out this pileup involving dozens of cars at a nascar race this weekend. it all happened on the final lap. we're going to have more on how it happened and how it ended in a moment. >>> we begin with out of control gas prices in california. nbc dianaal vee ar is live in hollywood. good morning to you. >> reporter: good morning. imagine waking up to prices like these, $4.79 for a gallon of regular gasoline. what makes it tougher for drivers in california is that prices are higher here than anywhere else. something some politicians say co

incalifornia. >>caller: hey, jim, boo-yahfromcalifornia. >>what's up? >> caller: we love the way you sleep in cars out here. >> it's a little nasty, your place or mine, you ever had to work? >> i got raitton and i have had it for a while and i just want to know with what's covered up in the future, is ray theon the way to go. >> you what romney talking about wanting to spend more in defense. if you think that president obama is going to be re-elected. you don't want to be in ratheon, you're going to have to do a little selling. >> caller: i see that united health care purchased 90% of the brazilian health care companies down there, what do you see their stuff going from here and what do you think if romney's elected president? >> it's not as good if romney's elected president. because what happened is the health companies they went all in under obama. they did win. unh goes higher with president obama is re-elected. if you loved playing kick the can as a kid, as i did, you should have adored as an investor in an industrial based company, the kick the can theory, our stocks go higher. >>> c

from home,roseville,california, welcomeenough. eat two scoops of ice cream, about how long would you have to walk to burn off the calories? one hour, two hours, three hours or five hours. of course, it doesn't say what kind of ice cream. what do you think? >> i'm going to say five hours? [ buzzer ] >> and you would be wrong from roseville, california. >> well. but hopefully you'll enjoy that. >> okay. all right. so the correct answer here is two hours. >> yeah. it is going to be two hours 'cause two scoops is about 300 each. taking a moderate walk, take you a couple hours to do that not a bad thing. if you want to enjoy it take that walk. remember, there's some payoff for eating that indulgence or have one scoop, only have to walk for an hour. >> yeah. back across. >> visiting from the beautiful town of chattanooga, we all want to satisfy our sweet tooth, especially hoda. of the following two items, which has less calories, nine hershey's kisses or one regular size nestle's crunch bar? >> a. nine hershey kisses. [ ding ] >> those are so good. and you get nine. >> and you get nine of

. >> to manage matter? what to the means? the vice-presidential debate looks to the scufflebetweencaliforniademocrats.we will show you the unlikely combatants. and with only three weeks in three days to go into election day, clear politics howing only nine states solidly in the obama column. the "a-team" is next. the capital one cash rewards card gives you a 50% annual bus. and everyone, but her... likes 50% more cash. but, i have an idea. do you want a princess dress? yes how about some cupcakes? yes lollipop? yes! do you want an etch a sketch? yes! do you want 50% more cash? no you got talent. [ male announcer ] the capital one cash rewards card. with a 50% annual cash bonus it's the card for people who like more cash. what's in your walt? i usually say that. ♪ lou: we will to the real deal. vice-president biden is demeanor overshadowing my of the issues discussed last night and debated. the vice president grinning, ughing, smirking during congressman ryan's answe. republican national committee calling the behavior enhanced. joining us, peoplehere know about and hands come here to tal

of the reasons unemployment looked better for one week wasthatcaliforniahadn'tfiled 33,000 jobs, which is truly weird. then you look at gasoline prices. california was i think, peaked aat $5.87 a gal last week. anweek. >> greta: the strategy since the last campaign largely has been to criticize governor romney, saying he's a liar. i suspect tomorrow the president 8 come out -- not going to say he's a liar, but do everything to make that the message to the american people. can he do that without looking like a bully or petty himself? >> well, i don't think obama will look like a bully, because i think romney can stand up to him. i don't think he has that potential. the challenge he has is that -- essentially the obama case has degenerated to, yes, the president is inadequate, but romney would be worse. that's the heart of his basic message. romney can say, you know, the american people deserve to know the truth about banghazi, what happened? why did you send the u.n. ambassador out to five different shows to say something that was false? and then he's been on campaign trail being that d

look. take a 509 for regular unlead and the cost of filling upincaliforniaisobscene. >> a race car driver on a wild ride very unplanned. this is france. the held caught it all on top. it is a rally in france held every year. the car careens through a vine yard and then another and another. and only coming to a stop by hith a utility poll. the pole hits the ground but not the car. no spectators are hurt but sets off two puffs of smoke. they look like they are having a good time. they are leaves from the vine yard fallog them and they are trying to stay calm. this is what they saw. wow. the car was badly damaged in the end and the driver told the local newspaper he didn't know what went wrong. >> and the price of gasoline that is hitting an all-time high. triple a reporting that the average cost for gallon of unleaded is. up since yesterday. the price is modev. some places it is it above five dollars for regular unleaded. it is fueled by reduced supply and volatile market out there making california the most expensive state with fuel. triple a said the national average cost of gasoli

californiagoingto bat for people who smoke pot. this city is suing the federal government trying to keep a marijuana dispenser reopened. oakland said the fed overstepped their authority. what does judge andrew napolitano say about that? find out next. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. stuart: more ammunition for people who mistrust the economic reports from the government. weekly jobless claims at $350,000 down $30,000 to the lowest level in four years. accused times next to the number. one big thing did not report the numbers. we don't know which state it was or what the numbers would have been but we may find out next week when the numbers are likely to be revised higher. look at this. dow industrials up 50 to points cl

,california, chicago,indiana, you name it mainly because these refineries have to makehese incredibly difficult blen of gasoline eve summer and we create government mandatedhortage driving up the cost of gasoline in theajor cities and the rest of the country suffering as well. neil: so what is gng on leaving aside the environmental restrictions and litations on just drillin, where does this go? >> right now gasoline prices probably will start coming down because we will startburning the wintertime blend of gasoline, the price of oil is lower so that will make a difference, but we have to look at the big picture. why do we go through this year after year after year? when we keep on eleing politicians who are anti-drilling and we kn what the problem is, we knowhe strict regulations, the dierent cities burning a different type of bli, we ha had to come up with nationalized blend or original blend to take advantage of shortages when we have refinery issues upon refineries. we can hold the tire city of los angeles hostage because the regulations restrict what type gasoline you can bring i

started its journey through los angeles early this morning on the way to its new home atthecaliforniasciencemuseum. the shuttle is crawling at 2 miles an hour on a two day journey from lax airport to the museum and that is your fox news minute. dagen: two miles an hour is classic 405. that is how fast connell mcshane drives. not saying anything about him. >> assuming he knows how to drive a car. connell: thanks. dagen: the bailout on the stock market. investors pull out over $10 billion from u.s. stock mutual funds in the past week. $100 billion so far this year with nearly three times that amount going into bond funds. how dangerous is this. bob our nose and manages several billion dollars. if you look at all the classes of fixed-income how dangerously overvalued are they now? >> there's a lot of complacency out there. if you look for example investment-grade corporate debt the yield spreads of those versus treasuries are back to lows that we saw in 2007. high yield, as the maturity on that debt is near all-time lows. a lot of aaa munis their all-time lows and even the stock market

it be symantec or mcafee, that's when i want to be. don't forget life lock this week. steveincalifornia, steve?>> caller: sunny california beach boo-ya to you from california. >> well, you've got the edge on me. >> caller: right on highway 1. >> all right. >> caller: news corp, they're going to be splitting up maybe. hear that might be a publicizing side and entertainment side -- >> 30 bucks, 30 bucks. that's where stephanie lincoln i think is headed. she's coportfolio manager with me. we think there's a $30 number comes when you break that into the pieces. it's a win. do you yahoo!? i think ceo marisa mayer is what yahoo! needed. i think she has what it takes to turn this company around. particularly when it comes to unlocking value. and the sum of the parts. congratulations, marisa. stay with us. >>> coming up industrial strength, prologis is at the center of the global supply chain. operating a portfolio of distribution centers, warehouses and commercial real estate around the world. tonight, cramer is talking to the ceo to get a real read on the economy. >>> it is time, it's time for the

francisco bay. our top story on a fox trip across america.>>>california. thatboat carrying two dozen people when it began taking on water near alcatraz island. the coast guard reporting the 40-foot vessel hit an unknown object. the coast guard was nearby rescuing everybody on board. >>> texas. a big rig hauling 50-pound bags of pinto beans goes off a driver. the driver not hurt. police say a blown tire likely caused the 18 wheeler to flip off the interstate and land on its side spilling, you guessed it, the beans. crews spent hours trying to lift the truck out of the embankment. pennsylvania. the fbi investigating after someone made off with an unknown amount of newly redesigned and still unreleased $100 bills. the feds saying the money was being shipped from dallas to the federal reserve bank near philadelphia. police want merchants who see the unusual looking new $100 bills to contact the fbi. >>> back to california. and a san diego high school. 18-year-old ivan mendoza who has down's syndrome crowned home coming king during halftime in front of classmates. several of the school's

. i would be buying it aggressively. williamincalifornia, william?>> caller: boo-yah, jim, from sunny california. how is it going? >> i don't know. we have a really gloomy day out here. made worse of course by the eagles performance yesterday. but i got to tell you the niners' performance was nothing to write home about. >> caller: oh, god, it was horrible. i want to talk about hormel. i'm a new small investor and i love your show. i like the stock and the dividend. it is worth keeping my money tied up? >> yes! listen, californian, hormel is terrific. they've got one of the longest dividend records. it is an incredibly well run company. i welcome hormel any time they want to come on this show. i got to tell you something, you come on this show, and i will show you the wonders of how good spam juice really tastes. i'm not kidding. that's probably not as good an invite as he has gotten to other shows. let me think about that. rw in nevada? >> caller: yes, jim, first of all, i want to say thank you for all you do for us. otherwise we would have no professional guidance. >> you're v

the president a 7-point edge for the debate he fared much better in heavilydemocraticcalifornia. 56%said mr. obama was the clear winner. 32% felt mitt romney won. while 12% called it a draw. the poll was conducted by surveyusa exclusively for eyewitness news. >>> and twitter users were fired up about the debate with more than 7 million messages sent during the town hall style forum. the parts that generated the most responses included a question to romney about immigration. the president criticizing romney on china and romney's response to a question about tax rates. >>> and shortly after last night's debate the vice president joe biden was asked for his reaction in an interview for "cbs this morning." >> there was that one moment in the beginning of the debate where it looked like governor romney and president obama were so close that perhaps the secret service was going to have to get involved. what did you make of that moment? [ laughter ] >> i thought that was real. i mean, the thing i liked about this debate, it was so real. you know, both men, you know, intent on making their points

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